Illinois Statutes

§ 5A-60 — Available funds

Illinois·Topic EDUCATION·Ch. 110 HIGHER EDUCATION·Act 110 ILCS 805/ Public Community College Act.·Art. Article V-a - Community College Energy Conservation And Saving Measures
A community college district may use funds designated for operating or capital expenditures for any guaranteed energy savings contract including purchases using installment payment contracts or lease purchase agreements. A community college district that enters into such a contract or agreement may covenant in such contract or agreement that payments made thereunder shall be payable from the first funds legally available in each fiscal year.

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Legislative History

(Source: P.A. 88-173.)

Nearby Sections

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